Posted:
Mon Jul 09, 2007 9:31 am How to recover – the small business recovery scheme

Yorkshire Forward has released a £1 million flood recovery fund to help those businesses in South Yorkshire that were affected by the floods of last week.

Business Link South Yorkshire and local partners will be visiting as many businesses as possible in the main flood areas to help them access this fund so that the recovery process can begin.

Advisers will be pounding the streets to offer advice and support to all small businesses, which includes helping them to submit a claim to Yorkshire Forward. The flood recovery fund will allow businesses with up to 250 employees claim up to £2500 to help cover the costs of goods and services that have been lost as a direct result of the flood and that are not covered by their insurance.

This may include damage to goods (equipment, furniture, fixtures), damage to the property itself, any clean-up operations, additional staffing costs (needed to help with the clean-up), lost trading costs and any uninsured stock.

In order to qualify for this fund, the following must apply:

- Businesses must be in a recognised flooded area
- The business entity must operate in the Yorkshire and Humber region
- Fit the SME criteria (i.e. less than 250 employees).
- Payments will be made within 14 days of receipt of the claim.

Alternatively, you can call Business Link South Yorkshire on 0800 073 74 74 to speak to an advisor who will be able to guide you through the claim process.
_________________Hon. Assistant Secretary and Webmaster | www.sohsa.org.uk

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